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ND Metal Industries LtdImportant, 21-11-2025: Company Update

21-11-2025 | 02:33 pm

KSS Limited, undergoing Corporate Insolvency Resolution Process, announced a standalone quarterly profit of 0.42 Cr. The company's resolution plan was rejected, leading to an application for liquidation. A major financial challenge includes a 67.12 Cr liability from defaulted convertible bonds. Trading in its securities remains suspended due to non-compliance. KSS is actively disputing substantial tax demands totaling around 44.38 Cr, with some assets frozen, but continues operations amid these legal battles.

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